Pledging Mutual Funds (Margin against mutual fund holdings)

siva · July 6, 2019, 6:37am

One can, it will take some time though from our end. Once our new DP process went live we will allow.

sarang_palpattuwar · May 24, 2020, 11:57am

Will debt funds be treated as cash equivalent just as liquid funds?

siva · May 24, 2020, 2:05pm

No, also as of now we are allowing only liquid mutual funds which are cash equivalent, soon will allow debt funds.

sarang_palpattuwar · May 24, 2020, 2:43pm

How soon we can expect debt mutual funds allowed to be pledged?
How much will be the hair cut?

siva · May 24, 2020, 2:46pm

Let new pledging rules take effect, may take few more weeks,haircut is prescribed by clearing corporation.

subhash_gupta · May 27, 2020, 5:38pm

If I buy hdfc liquid fund (direct) from zerodha coin, can it be pledged for option trading??

siva · May 28, 2020, 3:09am

Check this sheet to know if that fund is allowed for pledging or not.

Augustus_Athigaman · May 28, 2020, 1:33pm

@siva

Please also allow pledging of index mutual funds, it will be very helpful to do covered call.

Sunkara007 · May 28, 2020, 1:43pm

Instead You can buy index ETFs and pledge

siva · May 28, 2020, 1:47pm

Once new pledging arrangement starts we can start allowing for most which are allowed by clearing corporations.Check this.

Riyas_Ahamed · May 28, 2020, 4:17pm

Prakhar_Agrawal · June 1, 2020, 2:34am

@siva the new pledge system from one August permits pledging of securities without POA given by clients.

ONLYINTRADAY · June 10, 2020, 7:45am

which broker allow mutual funds as collatral foroption writing

Riyas_Ahamed · June 10, 2020, 7:47am

@ONLYINTRADAY aliceblue, motilaloswal, shaekhan, edelwiss, anything you can pledge and write option

ONLYINTRADAY · June 10, 2020, 7:51am

@Riyas_Ahamed… i have SBI Banking & Financial Services Fund - Direct Plan . so i will contact sharekhan

Riyas_Ahamed · June 10, 2020, 7:51am

yes sure you can pledge there

mani1 · June 10, 2020, 10:57am

Hi @Riyas_Ahamed

Does Aliceblue provide NEST terminal?

Thanks

Riyas_Ahamed · June 10, 2020, 4:33pm

@mani1 yes they will provide- see the link

please check the Software tab

mani1 · June 12, 2020, 10:42am

Thanks @Riyas_Ahamed

Maverick0203 · January 25, 2021, 6:59am

@siva I have Canara Robeco emerging equities-Direct Mutual Fund(INF760K01EI4) in Console but its not showing pledge link, can it be included in the list of pledgeable MFs or what is the wayout? However following three variants of the same scheme are pledgable:

CREQDPR: INF760K01183:Canara Robeco Emerging Equities
CREQGP: INF760K01167:Canara Robeco Emerging Equities
CREQDP: INF760K01175:Canara Robeco Emerging Equities